About Apache (NYSE:APA)

Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil and natural gas liquids. The Company’s production segments include: the United States, Egypt and the United Kingdom North Sea. It also pursues exploration interests in Suriname. In North America, the Company has three onshore regions: The Permian region, The Midcontinent/Gulf Coast region. The Permian region located in West Texas and New Mexico includes the Permian sub-basins, the Midland Basin, Central Basin Platform/Northwest Shelf and Delaware Basin. The Midcontinent/Gulf Coast region includes the Granite Wash, Tonkawa, Canyon Lime, Marmaton, and Cleveland formations of the West Anadarko Basin, the Woodford-SCOOP and Stack plays located in Central Oklahoma, and the Eagle Ford shale in South East Texas.

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Apache (NYSE:APA) Frequently Asked Questions

What is Apache's stock symbol?

Apache trades on the New York Stock Exchange (NYSE) under the ticker symbol "APA."

How often does Apache pay dividends? What is the dividend yield for Apache?

Apache declared a quarterly dividend on Wednesday, September 13th. Stockholders of record on Monday, October 23rd will be paid a dividend of $0.25 per share on Wednesday, November 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, October 20th. View Apache's Dividend History.

How were Apache's earnings last quarter?

Apache Co. (NYSE:APA) announced its earnings results on Thursday, November, 2nd. The energy company reported $0.04 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.09. The energy company earned $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. Apache had a negative return on equity of 0.70% and a net margin of 10.60%. The company's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.03) earnings per share. View Apache's Earnings History.

When will Apache make its next earnings announcement?

Where is Apache's stock going? Where will Apache's stock price be in 2017?

19 brokerages have issued 1-year target prices for Apache's shares. Their predictions range from $30.00 to $79.00. On average, they expect Apache's stock price to reach $47.18 in the next year. View Analyst Ratings for Apache.

What are Wall Street analysts saying about Apache stock?

Here are some recent quotes from research analysts about Apache stock:

1. According to Zacks Investment Research, "Apache's stock price has fallen 27.8% since the start of this year, more than the Zacks U.S. Exploration & Production industry’s decline of 23.8%. While persistent weakness in crude prices due to a global supply glut continue to sent shockwaves through the industry, Apache’s tepid near-term production outlook is also a matter for concern. As it is, investors are disappointed that the much-hyped Alpine High discovery in west Texas will churn out more gas than oil. Increased capital spending unmatched by increased cash flows – leading to a free cash flow deficit – will hold back the stock as well. Lack of growth catalysts remain another major liability. Given these headwinds, we see Apache as a risky bet that ordinary investors should exit." (10/10/2017)

2. KLR Group analysts commented, "Our $79 price target is unchanged following numerous model refinements including a ~30% improvement in North American capital productivity driven by a larger percentage of capital being allocated to wet gas dominant assets (i.e. Alpine High) offset by a ~10% reduction in our North American oil composition forecast, an ~8% increase in our operating expense assumption and a 10%+ reduction in our '19 forward capex assumptions. Following our model adjustments, APA generates a '19 capital yield (cash recycle ratio) of 145%+, up from ~130% previously, and in line with the group median." (3/20/2017)

3. UBS AG analysts commented, "APA guided to 2017 capex of $3.1bn, up >60% YoY and just above consensus' ~$3.0bn & prior UBSe of ~$2.9bn. It expects to outspend cash flow this year, plugging the gap primarily from non-core asset sales (>$400MM received in 1Q17), while hedging its 2H17 oil prod'n with put options at ~$50/Bbl. APA is allocating ~65% of its 2017 budget ($2bn) to the Permian, including $500MM for Alpine High midstream infrastructure. Meanwhile, ~29% of its capex (~$900MM) will go to Egypt & North Sea. APA also provided preliminary 2018 capex of $3.2bn, well below expectations for ~$3.7bn. At strip, we forecast a cumulative 2017-18 FCF deficit (after divi) of ~$1.6bn." (2/24/2017)

Who bought Apache stock? Who is buying Apache stock?

Apache's stock was purchased by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Point72 Asset Management L.P., APG Asset Management N.V., Dimensional Fund Advisors LP, Whittier Trust Co., Edinburgh Partners Ltd, New York State Common Retirement Fund and Madison Investment Holdings Inc.. Company insiders that have bought Apache stock in the last two years include Chansoo Joung, Charles J Pitman, George D Lawrence, John E Lowe and Rene R Joyce. View Insider Buying and Selling for Apache.

How do I buy Apache stock?

Shares of Apache can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Apache's stock price today?

One share of Apache stock can currently be purchased for approximately $39.80.

How big of a company is Apache?

Apache has a market capitalization of $15.31 billion and generates $5.35 billion in revenue each year. The energy company earns $-1,405,000,000.00 in net income (profit) each year or $1.74 on an earnings per share basis. Apache employs 3,727 workers across the globe.

MarketBeat Community Rating for Apache (APA)

MarketBeat's community ratings are surveys of what our community members think about Apache and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Apache (NYSE:APA) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.